2130 Stone Rd Cape Charles, VA 23310

This exceptional investment opportunity presents a thriving 2,800 square foot grocery store located at 2130 Stone Rd, Cape Charles, VA 23310. Built in 2020, this single-tenant, NNN-leased property boasts a highly visible location just past the Cape Charles Water Tower, offering ample parking (11 spaces) on a 0.41-acre lot. Currently operating as a successful market and restaurant, the business includes all equipment, a substantial 12-foot hood system with fire suppression, gas stove, fryers, deli cases, reach-in coolers, a 10x12 walk-in cooler, a 10x10 walk-in freezer, and two Unox ovens. The asking price is $1,670,000, representing a compelling $660.71 per square foot and a 30% cap rate. This turnkey operation offers fresh seafood, steaks, produce, beer, and wine, presenting endless possibilities for expansion and growth within the vibrant Cape Charles community. The property's APN is #: 83A41-B37-39. This is a rare chance to acquire a well-established, profitable business with significant upside potential.